Gary and the thread: Fred Dawson's take on the Winstar-LU deal:
multichannel.com
Note that he confirms steveG's information regarding
the use of LU's financial backing. The money will be
used first for switches, digital loop carriers,
remote access concentrators, and DWDM fiber optic gear.
For P-MP wireless equipment, Winstar will use a mix
of suppliers, including NT, Hughes, Siemens/PCMS, and
LU.
Regarding PCMS, the earnings report for last Q was
dreadful. Apparently, many investors must think that
it will be taken over by LU, since it held up well on
Friday. However, on a fundamental basis, PCMS looks scary,
i.e., it is not obvious it can hang on until its
P-MP equipment sales take off. If anybody has some
insight on this topic, I would like to hear it.
Best regards,
Bernard Levy |
